Finance news

Monetary policy: Increased inflation: ECB raises interest rates for the first time since 2023

The oil price shock resulting from the Iran war is driving up consumer prices. Now the European Central Bank is reacting. Savers are already benefiting from this.

Interest rate increase: Savers can now find good overnight interest rates here

High interest rates are a thing of the past. Now the ECB has increased its interest rates – and investors hope to benefit from it. Rightly so?

Interest rate increase: Where savers can now find good overnight interest rates

High interest rates are a thing of the past. Now the ECB has increased its interest rates – and investors hope to benefit from it. Rightly so?

+++ ECB +++: This is how ECB boss Lagarde explains the current interest rate increase

After the interest rate decision, Europe's top central banker answered questions from the press. Follow your appearance here in the news blog.

Economy: World Bank: 2026 weakest global growth since the Corona pandemic

The military escalation between the USA and Iran is slowing the development of the global economy. Certain countries are particularly hard hit by high inflation and rising energy prices.

China’s BYD claims Germany’s plug-in hybrid crown, disrupting market of iconic auto giants

One out of every seven plug-in hybrid vehicles registered in Germany in May came from BYD, as the Chinese carmaker’s registrations surged 232 per cent in Europe’s largest auto market from a year earlier. With 6,169 vehicles registered there in May, BYD held a 2.6 per cent share of Germany’s new-car registrations, according to data from the country’s Federal Motor Transport Authority. Of those, 4,290 were plug-in hybrids, led by the Atto 2 DM-i with 2,113 registrations – the top-selling plug-in..

Wholesale inflation surges again and keeps the pressure on businesses and the U.S. economy

Wholesale prices in May posted the biggest back-to-back increase since 2022 and kept the pressure on businesses as they try to navigate another wave of U.S. inflation.

Inflation: ECB increases interest rates for the first time in almost three years – “pressure on inflation”

It leaves open how the central bank plans to proceed in the coming months. Trade unions and associations criticize the interest rate increase.

Hacking of Philippine Senate’s website spotlights widening political crisis

The Philippine Senate’s political crisis has spilled into cyberspace after its official website went offline on Thursday following its defacement with a warning accusing lawmakers of betraying public trust. “The people deserve truth. The people deserve accountability. The people deserve better. We do not forgive. We do not forget. Expect Us,” the message said, using a closing phrase long associated with the global hacktivist collective Anonymous. The incident comes as the Senate remains locked..

Christine Lagarde, Boris Vujčić: Monetary policy statement

Consequences of the Middle East war: ECB expects more inflation and less growth due to war

The fighting in the Middle East is putting pressure on companies and consumers. The European Central Bank is less confident about the euro area economy.

ECB hikes interest rates for first time since 2023

The Bank also lifted its inflation outlook for this year to 3% and lowered its growth forecast to 0.8%

ECB increases key interest rate to 2.25 percent due to inflation

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Monetary policy decisions

China sanctions Philippine defence chief Gilberto Teodoro

China has sanctioned Philippine Defence Secretary Gilberto Teodoro Jnr, according to the Chinese foreign ministry. Beijing said on Thursday that Teodoro had repeatedly made erroneous remarks against China, undermined China’s legitimate interests and damaged bilateral relations. “To uphold China’s national sovereignty, security, and development interests, the Chinese side has decided to ban Teodoro, his spouse and his child from entering the Chinese mainland, Hong Kong and Macau,” the ministry...

Confusion regarding IPOs, Stock market and valuations.

A lot of the AI companies and SpaceX are coming into the market with insane valuations and IPOs. Space X is being valued i read at 1.75 T. Alphabet(google) is raising capital and we have Anthropic and OpenAI which would be hundreds of billions of dollars as well. IMO, that capital can only really come from two places: New capital entering the market Capital rotating out of existing stocks First one is tough. Inflation is still a major issue in a lot of countries, unemployment seems to be rising,

Investment: Up to four percent on daily money: Where savers can now benefit from rising interest rates

The European Central Bank wants to curb inflation with higher interest rates. This benefits savers. The Handelsblatt provides an overview of the best conditions on the market.

USA: Trump irritates with statements about inflation and oil

US inflation rose to over four percent in May - the US President responded to this by saying “I love inflation”. He also claimed that the US had transported “millions of barrels of oil” through the Strait of Hormuz unnoticed.

Malaysia’s hunt for Russian oil tests Anwar’s ‘friends with all’ policy

Malaysia’s search for alternative crude supplies is complicating Prime Minister Anwar Ibrahim’s “friends with all” foreign policy, analysts have said, with the country potentially tapping Russian oil despite Western sanctions against Moscow. On Thursday, oil prices rose again after Iran declared the Strait of Hormuz closed, 103 days after the US-Israel war with Iran began on February 28. Washington has signalled it wants sanction waivers over Russian oil to end “as soon as possible”. Economy...

Dax current: Dax is trading almost unchanged – the price of oil is rising

Renewed attacks between Iran and the USA are unsettling investors. In addition to the war in the Middle East, the focus on Thursday is the interest rate decision by the European Central Bank (ECB).

3 Indian sailors dead after US attacks commercial vessel off Oman

Three Indian sailors on a commercial vessel hit by the United States off the coast of Oman are dead, New Delhi’s shipping minister said on Thursday. “It is deeply unfortunate to learn of the tragic incident aboard the Palau-flagged MT Settebello,” Sarbananda Sonowal said in a statement, referring to the strike on the vessel a day earlier. “Sadly, three Indian seafarers initially reported missing are now confirmed dead after bodies have been located and identified.” India’s foreign ministry...

Treasury yields steady as investors monitor inflation data, U.S. strikes in Iran

U.S. Treasurys steadied Thursday, as investors monitored developments in the Middle East conflict ahead of further inflation data.

Gambling addiction in Philippines worsens as helpline calls surge

The Philippines may be taking steps to curb gambling addiction, but for Bridges of Hope founder and director Jon Ty, the number of helpline calls that he has received over the past year tells a different story. Such calls to the rehabilitation centre’s hotline were mostly related to gambling, with the number rising to nine out of 10 total calls so far this year from seven out of 10 in 2025, Ty said. Many of the callers were desperate family members reaching out because their loved ones were...

Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates

Private credit is facing liquidity-related “growing pains,” but higher-for-longer interest rates could create attractive yield opportunities, Man Group said.

Business ticker: Trump: I love inflation

Hybrid supermarket takes over 36 Tegut branches +++ BYD is looking for a car factory in southern Europe +++ Major shareholder Frasers wants to take over Hugo Boss +++ News in the company live blog.

Markets are pricing in a rate hike by the European Central Bank — which one top economist sees as a ‘mistake in the making’

The decision to raise interest rates would mark the central bank’s first in almost three years.

Filipino mayor begs for helicopters to fly food to ‘very hungry’ quake survivors

The mayor of a southern Philippine town that was devastated by a powerful earthquake pleaded on Thursday for helicopters to transport food to stave off hunger in several landslide-isolated villages. The 7.8 magnitude offshore quake, one of the strongest to hit the archipelago in half a century, struck on Monday off the southern province of Sarangani and has left at least 47 people dead and 688 injured, with 31 still missing. More than 45,000 people remained displaced, about half in emergency...

Interest rate decision: ECB before the interest rate turnaround - why the central bank should pull the ripcord

The European Central Bank is about to raise interest rates for the first time in almost three years. It must stop inflation without destroying growth.

Mystery platform? China says it was carrying out research at Scarborough Shoal

China said it had carried out a scientific expedition in Scarborough Shoal, amid renewed confrontation with the Philippines over the disputed South China Sea atoll. The research mission – which began on May 20 – involved deploying a floating platform for environmental monitoring and sampling, the Chinese Academy of Sciences’ South China Sea Institute of Oceanology said in a statement on Wednesday. It came after Manila lodged a formal diplomatic protest on Tuesday against what it called the...

Interest rate decision: Oil price shock with consequences: Is the ECB ushering in the next phase of high interest rates today?

Key interest rates are likely to rise in the euro zone - but what happens next? New forecasts and nuances in ECB boss Lagarde's communication will become relevant.